January 29, 2019: The S&P 500 closed down 0.2% at 2,640.01. The DJIA closed up 0.2% at 24,580.50. Separately, the Nasdaq closed down 0.8% at 7,028.29.
Tuesday was a down day for the broad U.S. markets. We are now in the busiest week of this earnings season with 12 Dow components reporting. If anything, these major companies will set a direction for the markets going forward with this earnings season. The S&P 500 sectors were mostly positive. The most positive sectors were industrials and materials up 1.3% and 1.0%, respectively. The worst performing sectors were technology and consumer discretionary, down 1.1%, and 0.7%, respectively.
Crude oil was last seen up 2.3% at $53.20.
Gold was last seen trading up 0.6% at $1,310.30.
The S&P 500 stock posting the largest daily percentage loss ahead of the close was Allergan PLC (NYSE: AGN) which traded down about 9% at $144.99. The stock’s 52-week range is $125.84 to $197.00. Volume was roughly 6.7 million compared to the daily average volume of 2.8 million.
The S&P 500 stock posting the largest daily percentage gain in the S&P 500 ahead of the close was PG&E Corp. (NYSE: PCG) which rose by over 16% to $13.99. The stock’s 52-week range is $5.07 to $49.42. Volume was 55.6 million compared to the daily average volume of 27.7 million.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
